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12 Farnsworth Street

Living Proof Signs 14,085 Square Foot Lease At 12 Farnsworth Street In Boston’s Seaport District
LEASEDLife Sciences

Living Proof Signs 14,085 Square Foot Lease At 12 Farnsworth Street In Boston’s Seaport District

12 Farnsworth Street

Building Size

14,085 SF

Asset Type

Life Sciences

Closing

Jun 24, 2026

AI

The property asset involved in this transaction is located at 12 Farnsworth Street in Boston, MA, within the Seaport District. The asset is classified as Life Sciences with a square footage of 14,085. The lease was signed by Living Proof, a hair care products company, and they will occupy the entire fifth floor of the building.

Summary of transation details:

This deal was executed by Tim Lahey, Eric Smith, and Lauren Drakeley, representing the interests of both parties through CBRE. Living Proof is relocating from the Innovation & Design Building to their new space at this address.

Players

Tim Lahey

CBRE

Broker

3 deals

Broker
PP
Phase 3 Real Estate PartnersLandlord

Market Life Sciences Market Snapshot

Boundary boundary · Life Sciences · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93